FXCM UK Trading Figures for 2022 Show Comprehensive Revenue Rise

Stratos Markets Limited, the UK arm of online forex and CFDs broker FXCM, has revealed its trading data for 2022 in a regulatory filing.

In 2022, the company's comprehensive income amounted to $860,552, up 77.5% from $227,982 in 2021.

Meanwhile, the company's turnover declined 12.8% to $10,736,093 from $12,096,854. But operating profit soared 119.7% to $443,214 from $201,696 last year. Profit before tax from ordinary activities also rose 168.1% to $759,159.

However, during this period, the company's client cash hold fell 3.3% to $142.2 million and its capital resources decreased a little to $64.4 million.

Recently, FXCM is in the midst of a rebranding process, with several of its global branches having changed their names to Stratos.